1.
overpayment; paying too much
Paying more than the amount actually owed, as with taxes, fees, or interest.
Common collocations
- 過払い金 (money overpaid, especially interest charged above the legal limit)
- 過払い金請求 (a claim for refund of overpaid interest)
- 税金の過払い (overpayment of tax)
Cultural note
過払い金 is familiar from law-firm advertising on TV and trains. After a 2006 Supreme Court ruling, borrowers could reclaim interest that consumer lenders had charged above the ceiling set by the Interest Rate Restriction Act (利息制限法).
Similar words
- 未払い: unpaid, outstanding (the opposite problem)
Related Words
Compare:
未払い (unpaid, outstanding)